Credit and debt (Money tips for everyday living!)

Monday, September 18, 2006

Never rent appliances from an apartment.

Made this mistake before. An apartment I used to live in charged upwards of $40/month to rent a used washer/dryer to be installed in the apartment. Sounds really convenient doesn't it? The main advantage is that you don't have to worry about selling it when you move out. But beware, this seemingly small month to month cost can take a chunk out of your expenses. Wouldn't that money be put to better use paying the phone or cable bill? I mean, you still have to do laundry, but it doesn't need to be done so expensively. It's extra work to haul stuff to the laundromat but see it as yourself pocketing the change that you earned. After two months of renting the appliance, I hated the oldness and lack of features so I plunked down a few hundred to own. It was totally worth it.

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